Feb 2, 2024
Summing Up The Week Initially, the rally we’d seen for the majority of January continued to kick off the week until Federal Reserve Chairman Jerome Powell threw water on the markets during his press conference on Wednesday when he said a March rate cut was unlikely....
Jan 26, 2024
Summing Up The Week Good economic news sent the major indexes rocketing through their all-time highs this week as manufacturing and GDP are exceeding Bullish expectations. The Bears hopes for a January selloff appear to be all but in the rear view as we head into the...
Jan 19, 2024
Summing Up The Week The Bulls and the Bears still can’t figure out which way they want to take stocks. Whenever one camp gets a foothold, the other swings their legs out from under them. On the one hand, the intraday volatility can provide a lot of opportunities...
Jan 5, 2024
Summing Up The Week It didn’t take a genius to know that the beginning of the year would be weak as institutions and professionals took profits from last year which they didn’t want to create tax events at the end of 2023. I know this because I’m...
Dec 22, 2023
Summing Up The Week The markets kept chugging along for the majority of the week until a sudden, inexplicable reversal on Wednesday, where a day that saw a gain of +0.20% on the S&P 500 (SPX) intraday suddenly reversed about 90 minutes before the market close and...
